The estimated Net Worth of Wayne Norbitz is at least $7.32 Million dollars as of 8 June 2015. Mr. Norbitz owns over 5,680 units of Nathan`s Famous stock worth over $4,595,607 and over the last 20 years he sold NATH stock worth over $2,700,456. In addition, he makes $25,000 as Director at Nathan`s Famous.
Wayne has made over 36 trades of the Nathan`s Famous stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 5,680 units of NATH stock worth $66,570 on 8 June 2015.
The largest trade he's ever made was exercising 44,285 units of Nathan`s Famous stock on 7 February 2007 worth over $166,069. On average, Wayne trades about 7,516 units every 79 days since 2004. As of 8 June 2015 he still owns at least 60,089 units of Nathan`s Famous stock.
You can see the complete history of Mr. Norbitz stock trades at the bottom of the page.
Wayne Norbitz serves as Director of the Company. Mr. Norbitz was a consultant to the Company from August 2015 to December 2017 and an employee of the Company from 1975 to August 2015, including our President and Chief Operating Officer from October 1989 to August 2015. He previously held the positions of Director of Operations, Vice President of Operations, Senior Vice President of Operations and Executive Vice President. Prior to joining us, Mr. Norbitz held the position of Director of Operations of Wetson’s Corporation. The Board determined that Mr. Norbitz should continue to serve as a director due to the knowledge and managerial experience he has attained previously serving as one of our executive officers in various capacities from October 1989 to August 2015, which brings historic knowledge and continuity to the Board of Directors.
As the Director of Nathan`s Famous, the total compensation of Wayne Norbitz at Nathan`s Famous is $25,000. There are 10 executives at Nathan`s Famous getting paid more, with Eric Gatoff having the highest compensation of $1,272,227.
Wayne Norbitz is 72, he's been the Director of Nathan`s Famous since 2015. There are 2 older and 13 younger executives at Nathan`s Famous. The oldest executive at Nathan`s Famous, Inc. is Charles Raich, 77, who is the Independent Director.
Wayne's mailing address filed with the SEC is C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR, WING A, JERICHO, NY, 11753.
Over the last 21 years, insiders at Nathan`s Famous have traded over $10,608,202 worth of Nathan`s Famous stock. The most active insiders traders include Howard M Lorber, Robert J Eide, and Brian S Genson. On average, Nathan`s Famous executives and independent directors trade stock every 42 days with the average trade being worth of $1,573,347. The most recent stock trade was executed by Brian S Genson on 22 February 2024, trading 1,500 units of NATH stock currently worth $102,330.
the nathan’s famous story is as much about famous flavor as it is tradition. in 1916, polish immigrant nathan handwerker started a nickel hot dog stand on coney island with a $300 loan from two friends and his wife’s secret spice recipe. today, nathan's is the most famous hot dog in the world, with restaurants across the globe, products in every supermarket in america and millions of beloved fans. our restaurant system now includes over 300 restaurants; five locations are corporate owned with the remaining franchised or licensed operations. we serve world famous beef hot dogs and crinkle cut french fries and a wide variety of menu items. nathan’s famous hot dogs are served in a multitude of outlets including movie theatres, bowling centers, cruise ships, casinos and many more. nathan’s famous also co-brands with other quick serve restaurant partners. nathan’s famous branded products are currently distributed in 50 states and in 6 countries around the world. our grocery items include pa
Nathan`s Famous executives and other stock owners filed with the SEC include: